1/ EigenLayer is facing a *major* yield crisis, and nobody is talking about it. EigenLayer has >$15B in TVL but AVS's will actually need less than *10%* of that for security, which means yields may fall off a cliff

gmichi.

Besides minting rsweth YT to earn Swell, did you know you can also mint PT on Pendle to earn Fixed Yield on your rswETH?

Up to 38.6% APY to be exact 🤯

Heavy dilemma to choose between YT and PT, so why not use both?

dcf cap has been farming michi points with yt - farmers retain the points from the yt, but also get michi

A wise man once said: 'Let not your points farming go to waste, for a marketplace for fair points trading is coming up'

Imagine selling your wallet with 1 million Sats from Ethena Labs to snowball to creating the next 100 wallets, and providing an entire village with points.

Running the points farming meta back turbo: 🚀

Imagine a marketplace where you can capitalize on hours spent farming points in EigenLayer and other LRTs with your 100 sybil wallets.

Your 'family' will finally be proud.

Soon™

Introducing the next level in points farming:

The $MICHI marketplace where you can trade your EigenLayer and other LRT points effortlessly.

Soon™

We have just landed in Dubai for token2049…

Current state of affairs.

$MICHI points are now live!!!

For depositors of YT pendle poucher and Arbitrum (💙,🧡), you can now see the $MICHI points you have accrued over the past weeks...

Stay tuned to see what your $MICHI points will be worth.

#pointsfi #defi

🚀Our latest AMA with Vector Reserve, Michi Protocol & Lyve Finance breaks down why points are becoming the game-changer for DeFi's incentive systems. 🌟

Points are not just for farming airdrops anymore; they're a dynamic part of driving engagement. Unlike tokens, points fuel

The NFT Daily x Michi Protocol - 2pm UTC today 🎙️

Catch us unpacking the pioneering trustless points trading protocol for Pendle YT/LP holders.

$MICHI airdrop opportunities incoming 👀

Top 3 DeFi project at ETHDenver 2024!

Hit those reminders 👇
twitter.com/i/spaces/1DXxy…

New USDe, ezETH and eEth maturities are now live on michiwallet.com on Arbitrum (💙,🧡)

There are 3 days left ( April 17), for 3X $MICHI points for YT pendle poucher on arbitrum, so keep up those deposits!

#pointsfi #defi

📢 New Airdrop Opp - Michi Protocol

Want to make your points work for you? That's where Michi comes in...

Remember: weekends are for airdrop hunting 🏹

Start your hunt now 👇
bankless.cc/HuntMichi

11/ Michi Protocol V0 Is Now Live is an interesting app that allows YT holders to trade their points through Tokenbound accounts.

- Mint a $MICHI NFT Wallet.
- Deposit some supported YT, then you'll be able to accrue and sell your restaking points.
- You'll earn some Michi points as well.

Incredibly humbled to be mentioned on Bankless alongside Pendle

#defi #pointsfi $MICHI

The first week of 3X of eth and 2X of arb mainnet points is now over!

📌7000 YT Pendle deposited across arbitrum pools
📌9000 YT Pendle deposited across ethereum pools

Since we had such a successful launch, we will be keeping 2X multipliers for $MICHI points for the

Where do you think we should do our launchpad/lbp?